Business Studies- Grade 10 Checkpoint 1- Term 1-2022/2023 Practical Task (50 marks) Part 1: My Business Idea 1.1 Provide a description of your business idea: (a) What product will the business

sell? (b) Who is your potential target market? (c) Where will the business be located? (d) Identify at least two potential competitors. (e) In your opinion, why will the business be successful?